SLAVE PRICE ANALYSIS & POLITICAL
IMPACT IN CIVIL WAR ERA. EXAM
QUESTIONS AND ANSWERS 100% PASS
2026/2027
Pritchett & Calomiris data source - ANS Slave sale transaction records and newspaper
advertisements from major slave markets.
Why slave prices are useful for studying political events - ANS Prices reflect investors'
expectations about the future profitability of slavery.
First assumption of slave price analysis - ANS Slave markets were forward-looking.
Forward-looking markets - ANS Prices incorporate expectations about future economic and
political conditions.
Second assumption of slave price analysis - ANS Slave markets were reasonably efficient.
Efficient markets - ANS Prices quickly incorporate new information.
Political event that caused the major decline in slave prices - ANS South Carolina's secession
in 1860.
2026/2027 ALLRIGHTS RESERVED
1
IMPACT IN CIVIL WAR ERA. EXAM
QUESTIONS AND ANSWERS 100% PASS
2026/2027
Pritchett & Calomiris data source - ANS Slave sale transaction records and newspaper
advertisements from major slave markets.
Why slave prices are useful for studying political events - ANS Prices reflect investors'
expectations about the future profitability of slavery.
First assumption of slave price analysis - ANS Slave markets were forward-looking.
Forward-looking markets - ANS Prices incorporate expectations about future economic and
political conditions.
Second assumption of slave price analysis - ANS Slave markets were reasonably efficient.
Efficient markets - ANS Prices quickly incorporate new information.
Political event that caused the major decline in slave prices - ANS South Carolina's secession
in 1860.
2026/2027 ALLRIGHTS RESERVED
1
